News Flash
Ukraine grain deal unlikely to include new ports in near term – UN aid chief
United Nations aid chief Martin Griffiths said on Thursday it was unlikely the Black Sea grain deal would be expanded...
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Ctg port set to fall out of ‘three-million-club’
The country’s premier port Chattogram is set to miss the 30 lakh twenty-foot equivalent unit container handling milestone this year...
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Iran not to let any ship exit Persian Gulf if Hormuz closure occurs
Commander of the Islamic Revolution Guards Corps (IRGC) Navy Rear Admiral Ali Reza Tangsiri warned on Tuesday against the closure...
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Export customs process change
We have been notified by Baltic Hub (previous name: DCT) terminal at Gdansk about change of export customs process. Starting...
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A.P. Moller – Maersk and SunGas Renewables sign strategic green methanol partnership
As part of its strategy to decarbonize customers’ supply chains, A.P. Moller – Maersk (Maersk) has entered a green* methanol...
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Ship emissions can be cut by 97.5%, by switching to foiling electric vessels, says Swedish study
A study from The Royal Institute of Technology in Stockholm says emissions from ships could be reduced by 97.5% by...
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Baltic index logs best day in nearly 3 months on capesize strength
The Baltic Exchange’s dry bulk sea freight index rose on Thursday to mark its biggest one-day percentage gain since mid-September,...
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“If China Sneezes, Shipping Will Catch a Cold”: A Saying More Timely Than Ever
With China’s economy slowdown and the COVID-related measures in flux, shipping and more importantly the dry bulk segment is under...
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New report calls on South Korea to accelerate shipping decarbonization
Solutions for Our Climate and Pacific Environment released a new report that provides an achievable vision for green shipping and...
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ICS says shipping will overcome challenges and thrive in 2023
The shipping industry can overcome geopolitical challenges and thrive, said the Institute of Chartered Shipbrokers Greek Branch at its 17th...
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Maersk: accelerating the transition from fossil fuel follower to green industry leader
Sustainability underpins A.P. Møller-Maersk’s pledge to be the responsible logistics partner of choice for the chemical industry. Global Vertical Head...
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Tanker rates for refined petroleum products reach multiyear highs during 2022
Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined petroleum products such as motor gasoline, diesel fuel,...
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Baltic index scales over one-month peak on capesize demand
The Baltic Exchange’s dry bulk sea freight index rose on Wednesday to its highest level in more than a month,...
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Newbuilding Ordering Activity Picks Up Pace
The newbuilding market has picked up pace this week, with more orders being reported. In its latest weekly report, shipbroker...
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Container demand eases in November
The Georgia Ports Authority moved 464,883 twenty-foot equivalent container units in November, a decrease of 6.2 percent or 30,866 TEUs...
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Oil product stocks rise 6.6% on week led by middle distillates
Oil product stockpiles at the UAE’s Port of Fujairah climbed 6.6% to a three-week high in the seven days ended...
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Ascenz to provide its state-of-the-art “smart bunkering” solution for the first time in Europe
Ascenz, a GTT Digital company, has been selected by a major European ferry owner to equip two vessels with its...
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India-UK negotiations on free trade agreement to continue – Indian trade ministry
– Negotiations on a Free Trade Agreement between India and Britain will continue, India’s trade ministry said on Tuesday, following...
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India’s industrial output drops to 26-month low as rate hike hits demand
India’s annual industrial output contracted 4% in October, its weakest performance in 26 months, after revised growth of 3.5% in...
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German investor morale rebounds to highest since Ukraine war
German investor sentiment staged another recovery in December, reaching its highest level since the war began in Ukraine, as inflation...
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